Ban on short selling

In line with regulatory instructions concerning Short Selling of UK, US, Irish, German and French Financial Stocks and all Australian Financial Instruments, we wish to inform our customers that short selling in the mentioned instruments is temporarily prohibited.

Whilst we do our utmost to enforce these new trading rules, please remember that we provide an execution only service and it is ultimately your responsibility to ensure that you abide with any regulatory restrictions on short selling.

We will endeavour to keep this list up to date but cannot guarantee its accuracy and it should be used as a guide only.

UK
1 Admiral Group
2 Alliance & Leicester
3 Alliance Trust
4 Arbuthnot Banking Group
5 Aviva
6 Barclays
7 Bradford & Bingley
8 Brit Insurance Holdings
9 Chesnara
10 Close Brothers Group
11 European Islamic Investment Bank
12 Friends Provident
13 HBOS
14 Highway Insurance Group
15 HSBC Holdings
16 Investec
17 Islamic Bank of Britain
18 Just Retirement Holdings
19 Legal & General Group
20 Lloyds TSB Group
21 London Scottish Bank
22 Novae Group
23 Old Mutual
24 Prudential
25 Rathbone Brothers
26 Royal Bank of Scotland Group
27 RSA Insurance Group
28 Schroders
29 St James's Place
30 Standard Chartered
31 Standard Life
32 Tawa


Irish
1 Bank of Ireland
2 Allied Irish Banks
3 Irish Life and Permanent
4 Anglo Irish Bank Corporation


France
1 Allianz
2 AXA
3 BNP Paribas
4 Credit Agricole
5 Dexia
6 Societe Generale


Germany
1 Aareal Bank
2 AMB Generali
3 Commerzbank
4 Deutsche Bank
5 Deutsche Borse
6 Deutsche Postbank
7 Hannover Ruckversicherung
8 Hypo Real Estate
9 MLP
10 Muchener Ruckversicherung-Gesellschaft


Australia
The ASIC has prohibited the shorting of all indices and stocks. For more information please visit
http://www.asic.gov.au/asic/asic.nsf 

Paddypowertrader is a trading name of London Capital Group Ltd (LCG) which is a company registered in England and Wales under registered number: 3218125. LCG is authorised and regulated by the Financial Services Authority (FSA), a member of the London Stock Exchange. Registered address: 4th Floor, 12 Appold Street, London EC2A 2AW